Ynvisible Income Before Tax vs Cost Of Revenue Analysis

YNV Stock

CAD 0.14 0.02 16.67%

Ynvisible Interactive financial indicator trend analysis is more than just analyzing Ynvisible Interactive current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ynvisible Interactive is a good investment. Please check the relationship between Ynvisible Interactive Income Before Tax and its Cost Of Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ynvisible Interactive Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ynvisible Interactive's Income Before Tax and Cost Of Revenue is -0.7. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Ynvisible Interactive, assuming nothing else is changed. The correlation between historical values of Ynvisible Interactive's Income Before Tax and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Ynvisible Interactive are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., Ynvisible Interactive's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.7

Relationship Direction	Negative
Relationship Strength	Weak

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Ynvisible Interactive income statement and is an important metric when analyzing Ynvisible Interactive profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Cost Of Revenue

Cost of Revenue is found on Ynvisible Interactive income statement and represents the costs associated with goods and services Ynvisible Interactive provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Ynvisible Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ynvisible Interactive current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Ynvisible Interactive's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	366.0K	401.2K	425.2K	336.9K
Reconciled Depreciation	702.6K	627.4K	609.1K	470.9K

Gross Profit Reconciled Depreciation

Ynvisible Interactive fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Common Stock	Property Plant Equipment	Net Debt	Common Stock Shares Outstanding	Other Stockholder Equity	Net Invested Capital	Non Current Liabilities Other	Net Working Capital	Intangible Assets
Total Assets		-0.17	0.6	0.99	-0.82	0.82	-0.85	0.8	0.98	0.74	-0.69	-0.66	0.93	0.57	0.7	0.68	0.98	0.84	0.83	-0.27	0.92	0.87	1.0	-0.85	0.98	0.77
Other Current Liab	-0.17		-0.18	-0.23	-0.08	0.13	0.08	-0.35	-0.23	0.01	0.09	0.14	0.06	-0.08	0.23	-0.13	-0.21	0.01	-0.01	-0.06	-0.04	-0.04	-0.18	-0.02	-0.19	-0.13
Total Current Liabilities	0.6	-0.18		0.53	-0.53	0.65	-0.63	0.83	0.49	0.76	-0.94	-0.94	0.72	0.6	0.83	0.88	0.51	0.77	0.71	-0.27	0.66	0.7	0.58	-0.75	0.51	0.77
Total Stockholder Equity	0.99	-0.23	0.53		-0.77	0.76	-0.82	0.75	0.99	0.67	-0.62	-0.6	0.88	0.53	0.61	0.61	1.0	0.78	0.78	-0.25	0.88	0.82	1.0	-0.79	0.99	0.71
Other Liab	-0.82	-0.08	-0.53	-0.77		-0.98	0.86	-0.71	-0.71	-0.91	0.6	0.56	-0.79	-0.61	-0.81	-0.57	-0.73	-0.91	-0.95	0.44	-0.89	-0.9	-0.81	0.95	-0.74	-0.86
Net Tangible Assets	0.82	0.13	0.65	0.76	-0.98		-0.9	0.77	0.7	0.93	-0.74	-0.69	0.85	0.71	0.89	0.69	0.72	0.96	0.99	-0.49	0.92	0.93	0.8	-0.99	0.73	0.86
Retained Earnings	-0.85	0.08	-0.63	-0.82	0.86	-0.9		-0.86	-0.79	-0.74	0.78	0.76	-0.88	-0.86	-0.75	-0.74	-0.81	-0.96	-0.93	0.64	-0.96	-0.91	-0.86	0.92	-0.83	-0.76
Accounts Payable	0.8	-0.35	0.83	0.75	-0.71	0.77	-0.86		0.72	0.77	-0.9	-0.9	0.83	0.8	0.78	0.91	0.73	0.89	0.84	-0.34	0.89	0.91	0.78	-0.86	0.74	0.83
Cash	0.98	-0.23	0.49	0.99	-0.71	0.7	-0.79	0.72		0.59	-0.59	-0.57	0.87	0.51	0.56	0.58	1.0	0.73	0.72	-0.24	0.85	0.77	0.99	-0.74	1.0	0.66
Non Current Assets Total	0.74	0.01	0.76	0.67	-0.91	0.93	-0.74	0.77	0.59		-0.75	-0.71	0.76	0.55	0.92	0.73	0.61	0.88	0.93	-0.24	0.81	0.89	0.71	-0.94	0.61	0.92
Non Currrent Assets Other	-0.69	0.09	-0.94	-0.62	0.6	-0.74	0.78	-0.9	-0.59	-0.75		1.0	-0.84	-0.76	-0.86	-0.97	-0.61	-0.86	-0.79	0.35	-0.8	-0.81	-0.67	0.83	-0.62	-0.73
Other Assets	-0.66	0.14	-0.94	-0.6	0.56	-0.69	0.76	-0.9	-0.57	-0.71	1.0		-0.81	-0.76	-0.83	-0.97	-0.59	-0.83	-0.76	0.35	-0.77	-0.78	-0.65	0.79	-0.6	-0.7
Net Receivables	0.93	0.06	0.72	0.88	-0.79	0.85	-0.88	0.83	0.87	0.76	-0.84	-0.81		0.72	0.85	0.83	0.89	0.91	0.85	-0.34	0.95	0.91	0.92	-0.89	0.9	0.76
Other Current Assets	0.57	-0.08	0.6	0.53	-0.61	0.71	-0.86	0.8	0.51	0.55	-0.76	-0.76	0.72		0.63	0.75	0.53	0.81	0.76	-0.69	0.81	0.76	0.58	-0.74	0.55	0.52
Total Liab	0.7	0.23	0.83	0.61	-0.81	0.89	-0.75	0.78	0.56	0.92	-0.86	-0.83	0.85	0.63		0.84	0.58	0.9	0.87	-0.27	0.82	0.89	0.67	-0.92	0.59	0.86
Short Long Term Debt	0.68	-0.13	0.88	0.61	-0.57	0.69	-0.74	0.91	0.58	0.73	-0.97	-0.97	0.83	0.75	0.84		0.6	0.81	0.74	-0.2	0.8	0.83	0.65	-0.79	0.61	0.69
Total Current Assets	0.98	-0.21	0.51	1.0	-0.73	0.72	-0.81	0.73	1.0	0.61	-0.61	-0.59	0.89	0.53	0.58	0.6		0.75	0.74	-0.25	0.87	0.79	0.99	-0.76	1.0	0.67
Common Stock	0.84	0.01	0.77	0.78	-0.91	0.96	-0.96	0.89	0.73	0.88	-0.86	-0.83	0.91	0.81	0.9	0.81	0.75		0.98	-0.55	0.96	0.95	0.83	-0.98	0.77	0.87
Property Plant Equipment	0.83	-0.01	0.71	0.78	-0.95	0.99	-0.93	0.84	0.72	0.93	-0.79	-0.76	0.85	0.76	0.87	0.74	0.74	0.98		-0.53	0.93	0.94	0.82	-0.99	0.75	0.87
Net Debt	-0.27	-0.06	-0.27	-0.25	0.44	-0.49	0.64	-0.34	-0.24	-0.24	0.35	0.35	-0.34	-0.69	-0.27	-0.2	-0.25	-0.55	-0.53		-0.44	-0.32	-0.3	0.45	-0.29	-0.25
Common Stock Shares Outstanding	0.92	-0.04	0.66	0.88	-0.89	0.92	-0.96	0.89	0.85	0.81	-0.8	-0.77	0.95	0.81	0.82	0.8	0.87	0.96	0.93	-0.44		0.98	0.91	-0.95	0.88	0.81
Other Stockholder Equity	0.87	-0.04	0.7	0.82	-0.9	0.93	-0.91	0.91	0.77	0.89	-0.81	-0.78	0.91	0.76	0.89	0.83	0.79	0.95	0.94	-0.32	0.98		0.85	-0.96	0.8	0.89
Net Invested Capital	1.0	-0.18	0.58	1.0	-0.81	0.8	-0.86	0.78	0.99	0.71	-0.67	-0.65	0.92	0.58	0.67	0.65	0.99	0.83	0.82	-0.3	0.91	0.85		-0.84	0.99	0.75
Non Current Liabilities Other	-0.85	-0.02	-0.75	-0.79	0.95	-0.99	0.92	-0.86	-0.74	-0.94	0.83	0.79	-0.89	-0.74	-0.92	-0.79	-0.76	-0.98	-0.99	0.45	-0.95	-0.96	-0.84		-0.77	-0.9
Net Working Capital	0.98	-0.19	0.51	0.99	-0.74	0.73	-0.83	0.74	1.0	0.61	-0.62	-0.6	0.9	0.55	0.59	0.61	1.0	0.77	0.75	-0.29	0.88	0.8	0.99	-0.77		0.67
Intangible Assets	0.77	-0.13	0.77	0.71	-0.86	0.86	-0.76	0.83	0.66	0.92	-0.73	-0.7	0.76	0.52	0.86	0.69	0.67	0.87	0.87	-0.25	0.81	0.89	0.75	-0.9	0.67

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Ynvisible Interactive Account Relationship Matchups

Ynvisible Interactive fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.5M	6.0M	20.2M	15.1M	10.7M	8.4M
Other Current Liab	95.9K	1.0M	864.9K	426.5K	490.4K	661.2K
Total Current Liabilities	1.8M	2.1M	2.0M	1.5M	1.5M	1.8M
Total Stockholder Equity	4.0M	3.6M	18.1M	13.6M	9.0M	6.7M
Net Tangible Assets	(2.1M)	230.7K	3.7M	3.1M	3.5M	3.7M
Retained Earnings	(13.0M)	(16.6M)	(22.4M)	(27.0M)	(31.1M)	(29.5M)
Accounts Payable	514.8K	578.5K	1.2M	1.1M	1.2M	776.0K
Cash	2.1M	1.8M	16.1M	11.8M	7.4M	5.6M
Non Current Assets Total	3.6M	3.6M	2.7M	2.3M	2.0M	2.1M
Other Assets	637.0	15.1K	24.8K	17.6K	15.8K	15.0K
Net Receivables	601.2K	466.3K	1.1M	769.2K	808.9K	638.0K
Non Current Liabilities Total	711.2K	399.9K	72.6K	9.3K	164.7K	188.5K
Total Liab	2.5M	2.5M	2.1M	1.5M	1.7M	1.7M
Total Current Assets	2.9M	2.4M	17.4M	12.8M	8.7M	6.4M
Common Stock	2.2M	8.9M	15.0M	17.6M	20.2M	21.2M
Property Plant Equipment	4.7K	487.8K	3.4M	3.1M	3.5M	3.7M
Common Stock Shares Outstanding	73.3M	82.9M	124.7M	124.7M	143.4M	92.4M
Net Invested Capital	4.0M	3.6M	18.1M	13.6M	9.0M	7.4M
Net Working Capital	1.1M	371.9K	15.4M	11.3M	7.2M	5.3M
Intangible Assets	198.2K	424.4K	316.2K	244.3K	177.4K	232.2K
Capital Stock	15.0M	17.6M	37.5M	37.5M	43.2M	28.2M

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